Elan Corporation plc (NYSE:
ELN
) was also up, gaining 4.85 percent to $13.30 after Royalty
Pharma lifted offer to buy Elan to $13.00 per share in cash plus
a contingent value right of up to $2.50 per share.

Equities Trading DOWN TiVo (NASDAQ:
TIVO
) was down, falling 19 percent to $11.10 after the company
announced settlement of patent litigation.

Shares of Iron Mountain (NYSE:
IRM
) were down 17.24 percent to $28.47 after the company disclosed
that the IRS is reviewing its REIT request.

Quiksilver (NYSE:
ZQK
) shares tumbled 13.69 percent to $6.62 after the company posted
a loss in the fiscal second quarter.

Commodities In commodity news, oil traded down 0.80 percent to
$94.00, while gold traded down 1.35 percent to $1,396.70.

Economics The US economy added 175,000 jobs in May. The
country's jobless rate rose to 7.6% from 7.5%. However,
economists were estimating an addition of 164,000 jobs and an
unemployment rate of 7.5% in May.